Today In Payments Around The World: India’s ShareChat Could Complete Series E Round; Indonesia’s Gojek Considers $18 Billion Combination With Tokopedia
Today In Payments Around The World: India’s ShareChat Could Complete Series E Round; Indonesia’s Gojek...
January 05, 2021  |  International

In today’s top payments news around the world, India’s social networking platform ShareChat is said to be close to finishing a Series E funding round...

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China’s Bank Regulators Move To Shore Up At-Risk Rural Banks
China’s Bank Regulators Move To Shore Up At-Risk Rural Banks
January 05, 2021  |  Bank Regulation

China’s Banking and Insurance Regulatory Commission (CBIRC) is encouraging investors such as companies and non-bank financial groups to acquire and provide additional capital to shore...

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CA’s Prop 22 Could Cost Unionized Grocery Delivery Drivers Their Jobs
CA’s Prop 22 Could Cost Unionized Grocery Delivery Drivers Their Jobs
January 05, 2021  |  Delivery

The country’s second largest grocery store chain is eliminating its unionized delivery drivers in California just two months after passage of the Proposition 22 ballot...

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Coca-Cola Revisits Subscription Model; Latest CPG Company To Embrace The Digital D2C Future
Coca-Cola Revisits Subscription Model; Latest CPG Company To Embrace The Digital D2C Future
January 05, 2021  |  Subscriptions

The Coca-Cola Insiders Club has returned — sort of. Though currently marked sold out on the website for the current three-month run that will see insiders receive...

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PayPal Ventures Joins Divvy’s $165 Million Funding Round
PayPal Ventures Joins Divvy’s $165 Million Funding Round
January 05, 2021  |  Investments

Divvy, which offers a platform for tracking business expenses, has raised $165 million in a funding round that includes PayPal Ventures as a new investor....

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SVB Financial Plans To Acquire Boston Private Financial For $900 Million
SVB Financial Plans To Acquire Boston Private Financial For $900 Million
January 05, 2021  |  Acquiring

SVB Financial Group plans to acquire Boston Private Financial Holdings for about $900 million. The merger deal means that Boston Private shareholders would get 0.0228...

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Lineage Logistics Acquires Refrigerator Railcar Firm Cryo-Trans
Lineage Logistics Acquires Refrigerator Railcar Firm Cryo-Trans
January 05, 2021  |  Partnerships / Acquisitions

Cold-storage warehouse firm Lineage Logistics announced in a press release that it has acquired the refrigerated railcar company Cryo-Trans in a deal that gives the combined...

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Inflation Could Be Poised To Take a Bite From Consumer Spending
Inflation Could Be Poised To Take a Bite From Consumer Spending
January 05, 2021  |  Economy

Inflation may be on the horizon, coming more quickly than many observers might assume. And when it’s here — when it’s more expensive to borrow,...

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NRF Economist: Stimulus Will Help With Ongoing Recovery
NRF Economist: Stimulus Will Help With Ongoing Recovery
January 05, 2021  |  Retail

While economic difficulty caused by the pandemic will continue this year, National Retail Federation Chief Economist Jack Kleinhenz said in a press release that the stimulus...

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